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Oct 4, 2012
10/12
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mitt romney talked about his tax plan. the president was trying to say was that you can't have a program of tax cuts and also increase in defense spending that adds up without drastic spending cuts. and that's one of the things people will be going after with mitt romney. also his claims about his health care plan and medicare. again, how exactly his plan would work out. but i think in particular, the question of the taxes and the budget and how that would affect people, when really put into pla place, that will be the main fact checking going forward. >> certainly both sides of this campaign, and there's certainly stuff in the papers today analyzing things that obama said that were untrue and what romney said were untrue. everybody has to take a fine tooth comb through the paper to go through that this morning. let's talk about romney's tax cut plan. he wants to cut everyone's rates by 20%. is it true that that would cost $5 trillion, yes or no? well, the question is, how do you shape it? the question for romney is not ne
mitt romney talked about his tax plan. the president was trying to say was that you can't have a program of tax cuts and also increase in defense spending that adds up without drastic spending cuts. and that's one of the things people will be going after with mitt romney. also his claims about his health care plan and medicare. again, how exactly his plan would work out. but i think in particular, the question of the taxes and the budget and how that would affect people, when really put into...
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Oct 1, 2012
10/12
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KPIX
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a temporary tax holiday ends january 1st. according to the times there's little desire by republicans or democrats to extend it. some 160 million americans will probably see their taxes jump by about $1,000. >>> britain's guardian reports a russian court has put off today's appeal by a russian punk band. three members of this group were sentenced to two years in prison for performing a song in a cathedral criticizing russian president vladimir putin. the case is now scheduled to be heard next week. >>> the los angeles times says governor jerry brown signed a new law sunday allowing hundreds of thousands of young undocumented immigrants to have >>> we are looking at a hot one around the bay area. the sun coming up. a gorgeous shot. getting up and looking outside. beautiful weather all the way to the coastline. the temperatures for the most part are mild. 50s and 60s. down to 49 right now in santa rosa. that will change though looking toward the afternoon. 102 in livermore. 86 in san francisco . next couple days going to stay h
a temporary tax holiday ends january 1st. according to the times there's little desire by republicans or democrats to extend it. some 160 million americans will probably see their taxes jump by about $1,000. >>> britain's guardian reports a russian court has put off today's appeal by a russian punk band. three members of this group were sentenced to two years in prison for performing a song in a cathedral criticizing russian president vladimir putin. the case is now scheduled to be...
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Oct 3, 2012
10/12
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WUSA
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pay for tax cuts for the wealthy. >> how they can justify raising taxes on the middle class that has been buried the last four years. how in lord's name can they justify raising their taxes. >> reporter: republicans pounced calling biden's remarks that the middle class has been buried for four years a stunning admission. the obama campaign called that a desperate and out of context attack. the vice president shrugs off his tendency to shoot from the lip. >> nobody ever doubted i mean what i say, the problem is i say all that i mean. >> reporter: this is the third time biden made comments that needed to be cleaned up. in democrats biden made this reference to programs. >> he let the big banks write their own rules. unchain wall street. going to put y'all back in change. >> reporter: then biden went on the issue of same sex marriage before the president's announcement. >> i'm comfortable with the fact men marrying men and women marrying women are entitled to the same exact rights all the civil rights all the civil liberties and quite frankly i don't see much of a distinction beyond tha
pay for tax cuts for the wealthy. >> how they can justify raising taxes on the middle class that has been buried the last four years. how in lord's name can they justify raising their taxes. >> reporter: republicans pounced calling biden's remarks that the middle class has been buried for four years a stunning admission. the obama campaign called that a desperate and out of context attack. the vice president shrugs off his tendency to shoot from the lip. >> nobody ever doubted...
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Oct 5, 2012
10/12
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WUSA
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in monaco they pay zero income tax, zero capital gains tax and zero inheritance tax. this is one of an army of accountants who help the wealthy tax kpiexiles. >> if you have a lot of money you're welcome. >> reporter: is this a safe place to enjoy wealth, is that right? >> absolutely. the monaco lifestyle. >> reporter: he lives in monaco and tennis championship and the super model and former beatle ringo starr are reportedly residents. keeping them company are thousands of millionaires to park in monaco they have to show they don't have a criminal record and residents of the european union. only a few can pass the test. having a bank account in monaco you need a minimum deposit of $400,000 and the country's real estate is the most expensive in the world. this apartment sold for more than $300 million. >> monaco is very safe. >> reporter: she sells most of the competenexpensive. >> the most expensive sold for around $13 million to a british client. >> any more details? >> no. no comment. >> reporter: in monaco secrecy is part of the service but foreign governments comp
in monaco they pay zero income tax, zero capital gains tax and zero inheritance tax. this is one of an army of accountants who help the wealthy tax kpiexiles. >> if you have a lot of money you're welcome. >> reporter: is this a safe place to enjoy wealth, is that right? >> absolutely. the monaco lifestyle. >> reporter: he lives in monaco and tennis championship and the super model and former beatle ringo starr are reportedly residents. keeping them company are thousands...
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Oct 5, 2012
10/12
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KPIX
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eye 449
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they pay zero income tax, zero capital gains tax and zero inheritance tax.nheritance one of an army of account ant ss who helped monaco's wealthy tax exiles. >> if you have an amount of kpils money, first of all, you will be welcome. >> is it a safe place to enjoy >> reporter: wealth, is that right? >> absolutely. the life monaco lifestyle. aco >> roger moore lives in monaco and tennis champion super model forme and former beatle ringo starr reporte are reportedly residents.ing them compa keeping them company are thousands of millionaires. of they have to show that they show don't have a criminal record and that they are already residents of the european union. but only a few can pass the final test proving that they union. have enough money to live here. pass th to open a bank account in depos monaco, you need a minimum deposit of nearly $400,000 and the country's real estate is the most expensive in the world. this apartment sold for more more than $300 million. >> monaco is very safe. safe >> reporter: selling some of monaco's luxurious homes. what was the most expensive property yo
they pay zero income tax, zero capital gains tax and zero inheritance tax.nheritance one of an army of account ant ss who helped monaco's wealthy tax exiles. >> if you have an amount of kpils money, first of all, you will be welcome. >> is it a safe place to enjoy >> reporter: wealth, is that right? >> absolutely. the life monaco lifestyle. aco >> roger moore lives in monaco and tennis champion super model forme and former beatle ringo starr reporte are reportedly...
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Oct 3, 2012
10/12
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KPIX
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biden accused romney of planning to raids taxes on the middle class to pay for tax cuts on the wealthy. >> how they can justify raising taxes on the middle class that's been buried the last four years, how in lord's name can they justify raises the taxes. >> republicans pounced, calling biden's remarks that the middle class has been buried for four years a stunning admission. the obama campaign called that a desperate and out of context attack. the vice president shrugged off his tendency to shoot from the lip. >> no one has ever doubted i mean what i say. the problem si sometimes say all that i mean. >> reporter: in august republicans and some democrats were outraged when biden make that reference to an audience of african-america african-americans. >> he's going to let the big banks write their own rules. unchain wall street. they're going to put y'all back in chains. >> reporter: there was a time in may when biden forced the president's hand on the gay marriage issue. going on "meet the press" and endorsing same-sex unions before the president's announcement. >> i am absolutely comf
biden accused romney of planning to raids taxes on the middle class to pay for tax cuts on the wealthy. >> how they can justify raising taxes on the middle class that's been buried the last four years, how in lord's name can they justify raises the taxes. >> republicans pounced, calling biden's remarks that the middle class has been buried for four years a stunning admission. the obama campaign called that a desperate and out of context attack. the vice president shrugged off his...
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Oct 9, 2012
10/12
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WUSA
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eye 177
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and that their taxes would go up by an average of $3,500 a year. last week we talked with a well respected economist and one member of the gang of eight. both of them said that there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect, or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the public and the markets trying to force congress to do something. >>> the international monetary fund is warning another global recession could be on the way. the imf says the risk of a worldwide slowdown is alarmingly high. germany's chancellor is holding financial talks this morning with the prime minister of greece. mark phillips is in athens where security is tight for today's big meeting. mark, good morning. >> reporter: good morning from a very noisy, very anxious, but so far peaceful athens this morning, where, as you say, german chancellor angela merk
and that their taxes would go up by an average of $3,500 a year. last week we talked with a well respected economist and one member of the gang of eight. both of them said that there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect, or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the...
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Oct 8, 2012
10/12
by
WUSA
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eye 313
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>> in the context of comprehensive tax reform everything should be looked at. we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the problem. we have a $1 trillion annual deficit. carried interest would carry about one tenth of 1%. we should solve the deficit. >> it sounds like you say keep it. >> i'm saying look at everything but look at it in the context what it will kofl. our bigger is not carried interest it's the deficit and the $16 trillion of debt. that's a far greater problem. >> what would you do and what would you recommend whoever the next president do to solve the fiscal cliff crisis? >> first what i would recommend and again i was in government and i didn't solve all these problems so i'm not a person that
>> in the context of comprehensive tax reform everything should be looked at. we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the...
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228
Oct 4, 2012
10/12
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WUSA
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eye 228
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mitt romney talked about his tax plan. what the president was trying to say was you can't have a program of tax cuts and also increase in defense spending. that adds up. without drastic spending cuts. that's one of the things people will be going after mitt romney. also his claims about health care plan and medicare, how his plan would work out. i think in particular the question of the taxes and the budget and how that would affect people it will really put into place that will be the main fact checking question going forward. >> john, i feel facts has been one of the casualties in this campaign, certainly both sides. there's stuff in papers analyzing what obama said that was untrue and what mitt romney said that was untrue. let's talk about mitt romney's tax plan. he wants to cut everyone's rate by 21%. is it true that that would cost $5 trillion? yes or no? >> reporter: well the question is how do you shape it? the question for romney is not necessarily that he's telling an untruth it's that he's not giving us any of th
mitt romney talked about his tax plan. what the president was trying to say was you can't have a program of tax cuts and also increase in defense spending. that adds up. without drastic spending cuts. that's one of the things people will be going after mitt romney. also his claims about health care plan and medicare, how his plan would work out. i think in particular the question of the taxes and the budget and how that would affect people it will really put into place that will be the main...
404
404
Oct 9, 2012
10/12
by
KPIX
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eye 404
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quote 0
taxpayers, whose taxes would go up an estimated $3,500 per year. both of them say there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the public and the markets, trying to force congress to do something. >> bill, thank you. >>> international monetary fund is warning another global recession could be under way. imf says the risk of a worldwide slowdown is alarmingly high. germany's chancellor is holding talks with the prime minister of greece. mark strassmann is in greece where security is tight. >> reporter: good morning. crowds gathered in tens of thousands, many demonstrators among them, in honor of the visit of the german chancellor, angela merkel, the first time she has come to greece since the economy fell off the edge of the cliff as it continues in this current economic crisis. gr
taxpayers, whose taxes would go up an estimated $3,500 per year. both of them say there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the public and the markets, trying to force congress to do something. >> bill, thank you....
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250
Oct 2, 2012
10/12
by
WUSA
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eye 250
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when we think back on memorable debate lines, it's never about tax rates. it's never about foreign policy. it's about the kinds of revelations of character and personality and disposition and temperament. you can see that often in how the people hold themselves on the screen. i noticed during the primary debates, you often saw mitt romney standing calmly and relaxed while these other people were squabbling amongst each other. the famous case of john kennedy and richard nixon. even reagan and carter in 1980. the confidence and ease that ronald reagan projected and jimmy carter looked a little bit defensive. that's the impression that lasts. >> even al gore and george w. bush i think is a good example of body language told so much during those debates. al gore was up in the polls and had a series of very poor debate performances. >> al gore had been a very effective, aggressive debater. in the first debate, he was seen as being too aggressive. the famous sighs and all the rest. in the second debate, he was almost too laid back. by the third he had a kind of j
when we think back on memorable debate lines, it's never about tax rates. it's never about foreign policy. it's about the kinds of revelations of character and personality and disposition and temperament. you can see that often in how the people hold themselves on the screen. i noticed during the primary debates, you often saw mitt romney standing calmly and relaxed while these other people were squabbling amongst each other. the famous case of john kennedy and richard nixon. even reagan and...